Where would you like to sign in?

New World Engages Investor Relations Consultant

VANCOUVER, BRITISH
COLUMBIA--(Marketwire - Feb. 1, 2010) -

NOT FOR DISTRIBUTION
TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

New World Resource
Corp. ("New World" or the "Company") (TSX VENTURE:NW) has entered into an agreement
(the "Agreement") with SIGOREX Management GMBH ("SIGOREX") for the provision of
investor relations and communications services to New World. SIGOREX, based in
Kulmbach, Germany, is a boutique consulting firm that specializes in investor
outreach in Europe for mineral exploration companies. SIGOREX advises that one
of its principals holds 300,000 common shares of New World and that it, or its
principals, may acquire or dispose of securities of New World in the future.

Pursuant to the
Agreement, SIGOREX will provide investor relations services to the Company
including, but not limited to, representing the Company at trade shows and
introducing the Company to investors in Europe.

In consideration for
its services SIGOREX will be granted 250,000 options to acquire common shares
of New World. These options will vest in accordance with the Company's January
13, 2004 Stock Option Plan, as amended (the "Plan"). The term of these options
is two years from the date of grant and the exercise price is $0.25 per common
share.

The Agreement is
effective for a period of 12 months commencing February 1, 2010 and is subject
to the approval of the TSX Venture Exchange.

Separately, the Company has granted incentive
stock options to an officer of the Company, to purchase 100,000 common shares
of the Company. These options are exercisable for a period of five years at a
price of $0.25 per common share. The options were granted under and are subject
to the terms and conditions of the Plan.

About New World

New World Resource
Corp. is a Canadian based mining exploration company focused on building a
strong, diversified project portfolio within the Americas. The Company's
projects include the Lipena copper gold project and the Pastos
Grandes lithium brine project in Bolivia.

NEW WORLD RESOURCE
CORP.

John Lando, President

This news release includes "forward-looking
information", as such term is defined in applicable securities laws. The
forward-looking information includes, without limitation, statements regarding
the extent and timing of its exploration programs, exploration program budgets
and exploration results. This forward-looking information is given as of the
date of this news release. Users of forward-looking information are cautioned
that actual results may vary from the forward-looking information contained
herein.
While
the Company has based this forward-looking information on its expectations
about future events as at the date that such information was prepared, the
information is not a guarantee of the Company's future performance and is
subject to risks, uncertainties, assumptions and other factors which could
cause actual results to differ materially from future results expressed or
implied by such forward-looking information. Such factors and assumptions include,
amongst others, the effects of general economic conditions, the price of
lithium, changing foreign exchange rates and actions by government authorities,
uncertainties associated with legal proceedings and negotiations and
misjudgments in the course of preparing forward-looking information. In
addition, there are also known and unknown risk factors which could cause the
Company's actual results, performance or achievements to differ materially from
any future results, performance or achievements expressed or implied by the
forward-looking information. Known risk factors include, among others, risks
relating to exploration and development; the ability of the Company to obtain
additional financing; the Company's limited operating history; the need to
comply with environmental and governmental regulations; political and economic
instability and general civil unrest in Bolivia; potential defects in title to
the properties; fluctuations in currency exchange rates; fluctuating prices of
commodities; operating hazards and risks; competition; and other risks and
uncertainties. Although the Company has attempted to identify important
factors that could cause actual actions, events or results to differ materially
from those described in forward-looking information, there may be other factors
that cause actions, events or results not to be as anticipated, estimated or
intended. There can be no assurance that forward-looking information will prove
to be accurate, as actual results and future events could differ materially
from those anticipated in such statements. Accordingly, readers should not
place undue reliance on forward-looking information. The Company is under no
obligation to update or alter any forward-looking information except as
required under applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.